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International Business Times
International Business Times
Business

INSANE: Walmart warns of higher prices due to tariffs | Rare Historical Photos

Walmart warned that it will not be able to absorb all the effects from tariffs (Credit: AFP)

Walmart on Thursday reported another solid quarter behind sales gains in the United States, but warned of higher prices and continued uncertainty over President Donald Trump's tariffs.

"We will do our best to keep our prices as low as possible but given the magnitude of the tariffs, even at the reduced levels, we aren't able to absorb all the pressure," Chief Executive Doug McMillon said in a conference call with analysts.

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